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Cricket-India all out for 255, England need 399 to win Visakhapatnam

VISAKHAPATNAM, India (Reuters) – India were all out for 255 in their second innings, setting England a victory target of 399 on day three of the second test in Visakhapatnam on Sunday. Shubman Gill top-scored for India with 104, while Axar Patel contributed 45. Tom Hartley (4-77) and Rehan Ahmed (3-88) shone with the ball …

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India’s Delhivery posts first-ever profit on back of festive season demand

(Reuters) – Indian logistics firm Delhivery posted its first-ever quarterly profit since listing on Friday, helped by healthy demand for online shopping during the festive season. Consolidated profit for the three months ended Dec. 31 was 117.1 million rupees ($1.41 million) compared with a loss of 1.96 billion rupees a year earlier, the company said …

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Tyremaker Goodyear India posts Q3 profit fall on lower farm demand

BENGALURU (Reuters) – Tyremaker Goodyear India reported its first quarterly profit drop in five quarters on Friday, hurt by subdued demand in its farm segment. The Indian unit of U.S.-based Goodyear Tire said its standalone profit fell 10.5% to 218.6 million rupees ($2.6 million) in the third quarter. Revenue from operations fell 14.2% to 5.91 …

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India’s JSW Infra Q3 profit doubles on higher cargo volumes, tariffs

BENGALURU (Reuters) – India’s No.2 private port operator JSW Infrastructure reported a more-than-two-fold surge in third-quarter profit on Friday, boosted by a rise in cargo volumes and higher tariffs. The company’s consolidated net profit rose to 2.51 billion rupees (about $30 million) in the October-December quarter, from 1.15 billion rupees a year ago, sending the …

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Cricket-Big Jaiswal hundred steers India to 336-6 against England

VISAKHAPATNAM, India (Reuters) -Opener Yashasvi Jaiswal produced a gladiatorial 179 not out to steer India to a commanding 336 for six on day one of the second test against England in Visakhapatnam on Friday. The 22-year-old smacked five sixes and 17 fours in his career-best knock, seemingly unfazed by his batting partners’ poor shot selection. …

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US State Dept approves nearly $4 billion sale of 31 armed drones to India

By Mike Stone and Ismail Shakil WASHINGTON (Reuters) -The U.S. State Department has approved the potential sale of 31 armed MQ-9B SkyGuardian drones, related missiles and equipment to India for nearly $4 billion, the Pentagon said on Thursday, years after the two countries started discussing a deal. India has long expressed interest in buying large, …

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Footwear maker Bata India’s Q3 profit slumps on sluggish demand

BENGALURU (Reuters) – Footwear maker Bata India reported a third consecutive drop in its quarterly profit on Thursday, dragged by sluggish demand and higher expenses. The lower than estimated bottomline of the company, which houses brands like Hush Puppies and Scholl, mirrors peer Metro Brands’ fourth straight drop in quarterly profit. Bata India’s consolidated profit …

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